HomeTrust Bancshares (NASDAQ:HTBI) PT Raised to $38.00 at Keefe, Bruyette & Woods

HomeTrust Bancshares (NASDAQ:HTBI) had its target price boosted by research analysts at Keefe, Bruyette & Woods from $32.00 to $38.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 9.60% from the stock’s current price.

Separately, StockNews.com raised shares of HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research report on Thursday. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $32.00.

HomeTrust Bancshares Trading Down 0.5 %

HTBI traded down $0.16 on Monday, reaching $34.67. 9,141 shares of the company’s stock were exchanged, compared to its average volume of 36,903. The company’s 50 day moving average is $29.68 and its 200-day moving average is $27.43. The company has a market cap of $604.64 million, a price-to-earnings ratio of 10.03 and a beta of 0.82. HomeTrust Bancshares has a twelve month low of $19.37 and a twelve month high of $35.77. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.06 and a current ratio of 1.12.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its earnings results on Wednesday, July 24th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.73. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.18%. The firm had revenue of $73.53 million during the quarter, compared to the consensus estimate of $48.06 million.

Hedge Funds Weigh In On HomeTrust Bancshares

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its stake in HomeTrust Bancshares by 23.0% during the fourth quarter. SG Americas Securities LLC now owns 7,440 shares of the financial services provider’s stock worth $200,000 after purchasing an additional 1,390 shares during the last quarter. Quadrature Capital Ltd bought a new position in HomeTrust Bancshares during the first quarter worth $323,000. BNP Paribas Financial Markets lifted its stake in HomeTrust Bancshares by 21.8% during the fourth quarter. BNP Paribas Financial Markets now owns 15,463 shares of the financial services provider’s stock worth $416,000 after purchasing an additional 2,764 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in HomeTrust Bancshares by 8.2% during the first quarter. Los Angeles Capital Management LLC now owns 42,438 shares of the financial services provider’s stock worth $1,160,000 after purchasing an additional 3,210 shares during the last quarter. Finally, BHZ Capital Management LP lifted its stake in HomeTrust Bancshares by 43.9% during the fourth quarter. BHZ Capital Management LP now owns 59,477 shares of the financial services provider’s stock worth $1,601,000 after purchasing an additional 18,156 shares during the last quarter. 60.94% of the stock is currently owned by institutional investors.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company's deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.